279. Power to stay winding up

Question 1

279. Power to stay winding up

Answer 1

General overview
[279.01] Section 279 empowers the court to stay the execution of the winding up order, on the application of the liquidator, creditor or contributory. If necessary, the court may, before making the order, require the liquidator to furnish a report on any facts or matters which are in his opinion relevant.